Question to the HM Treasury:
To ask the Chancellor of the Exchequer, how each Barnett consequential due to the Northern Ireland Executive was accrued in the period since 1 April 2023; when each was accrued; and what the value of each consequential was.
The UK Government provided £297 million of non-ringfenced RDEL funding to the Northern Ireland Executive at Supplementary Estimates 2022-23 to ensure the delivery of a balanced budget.
In the absence of an Executive, the Secretary of State for Northern Ireland set a budget for 2023-24 via Written Ministerial Statement on 27 April 2023. This included flexibility on the repayment of the 2022-23 overspend.
The Northern Ireland Executive received £17 million non-ringfenced RDEL and £13 million general CDEL in Barnett consequentials at Mains Estimates 2023-24. Any further Barnett consequentials will be confirmed if UK Government departmental budgets change at subsequent fiscal events.
A more detailed breakdown of Barnett funding can be found in the Block Grant Transparency publication.
Block Grant Transparency: https://www.gov.uk/government/publications/block-grant-transparency-july-2023